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Fitch Ratings believes that tax advantages held by Bermuda (re)insurers will eventually be reduced as a result of the 15 per cent global minimum tax. But Bermuda will remain favoured as an insurance domicile and the agency will hold off on any ratin...

Two thirds of new jobs created in Bermuda in the next two years will come from entrepreneurs, a tech summit has been told. But while there has been a 300 per cent increase in businesses using online and e-commerce, there remains an urgency to re-tool...

Bermuda is poised to play an important global role in building resilience to climate risk, a sovereign surveillance report on the country has determined. But the island lags in steps needed to address its own defence. The report points to gaps in the...

Bermuda was given the nod of approval by Kroll Bond Rating Agency (KBRA), affirming the island’s long-term issuer ratings and revising it from negative to stable. The report says that the ratings were affirmed because of several key credit considerat...

Bermuda’s first digital bank may already be on the cards, with the Government welcoming the first formal bid. The application submitted to the Bermuda Monetary Authority proposes a bank serving digital-asset businesses and institutions globally from ...

The Bermuda registered owner and operator of one of the world's largest land-based drilling rig fleets, is in an Algerian court today (Monday), facing a multimillion-dollar judgment — a ruling against the company that Algeria’s Supreme Court has alre...

The latest Covid-19 wave from the Delta variant will sound the death knell for certain Bermuda businesses, economic analysts have surmised, and its effects will hamper the anticipated rebound. From the same document that theorises the under-reporting...

Bermuda’s inflation rate may be four times higher than the Government’s official Consumer Price Index, according to a Bermuda investment firm. Anchor Investment Management also warned its investors that it expects inflation to stay at 5 per cent or ...

An uptick in Dockyard business for the century-old HS & JE Crisson Ltd Jewellers comes at the end of a second forgettable year for Hamilton retail. It also comes as the company is parting ways with a prime piece of Hamilton real estate, with its 71 F...

Bermuda’s new internet is wireless-delivered, high speed and has a faster and easier deployment using equipment that may eventually allow for higher than 10 gigabytes per second, providing a wide range of options for business. After three years, the ...